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Good Morning and Welcome to the XJO Tuesday Thread
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News for Today (AEDST)
The XJO drifted lower on Monday, where spread and volume were both below average.
The Index pulled back a little, and all trading was inside the range of last Friday's bar.
The low volume suggests that not much supply was drawn out as price came back.
Price appears poised to accelerate higher, perhaps it is just some sort of catalyst that is needed to trigger the response........and if no catalyst arrives in the very near term, a series of mini shakeouts may be the result, as price winds itself up, and attempts to draw out some supply.
Good Trading and Investing
Crowdfunding Tuesday
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Last
7,861.2 |
Change
-102.500(1.29%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,963.7 | 7,963.7 | 7,861.2 |
| XJO (ASX) Chart |